Forecasting is required in many situations.
The latest version of the book is freely available online at http: //OTexts.com/fpp3..
One new chapter has been added on time series features.
In this third edition, all chapters have been updated to cover the latest research and forecasting methods.
Examples use R with many data sets taken from the authors\' own consulting experience.
This textbook provides a comprehensive introduction to forecasting methods and presents enough information about each method for readers to use them sensibly.
Whatever the circumstances or time horizons involved, forecasting is an important aid in effective and efficient planning.
Telecommunication routing requires traffic forecasts a few minutes ahead.
Stocking an inventory requires forecasts of stock requirements.
Scheduling staff in a call centre next week requires forecasts of call volumes.
Deciding whether to build another power generation plant in the next five years requires forecasts of future demand.
Forecasting is required in many situations
